Global Daily: Loosening the purse strings

Meanwhile, Trump’s statecraft continues to pick ‘winners’ – industries or businesses that are key to his agenda. And he’s willing to spend on these. This week, the White House announced it had taken a stake in yet another company, Trilogy Metals, and the Pentagon has reportedly started to take delivery of key metals and minerals. And Trump is now dipping into his purse for allied governments as well. The US Treasury bought pesos outright to support the teetering Argentine economy.